USACE Contracting Officer Review Board (CORB) Practice Test

How are GFP adjustments handled during contract administration?

Through a separate procurement action. By mutual agreement outside the contract. GFP adjustments are not allowed. By an equitable adjustment under the contract.

Correct Answer:

By an equitable adjustment under the contract.

Explanation:

Adjustments involving Government Furnished Property during contract administration are handled as an equitable adjustment under the contract. When GFP availability or characteristics affect costs, performance, or schedule, the contractor requests a modification to the contract terms—typically a price adjustment, a schedule change, or both—through the contract’s established adjustment mechanisms (often tied to the Changes clause and the Government Property provisions). This approach keeps the remedy within the contract framework, ensuring fair compensation for additional costs or time caused by GFP changes, rather than pursuing a separate procurement action or acting outside the contract.

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